🔥🔥BTC/USDT 🔥🔥
🚀 Technical Analysis Update 🚀
📈 Weekly Chart and EMA7 Bounce:
The weekly chart often shows a wick below the EMA7, followed by a bounce if we’re in a bull market. Let’s keep an eye on this pattern.
🟢 Green Week and Liquidity Trap:
Anticipating a positive week for BTC/USDT. The liquidity trap has already occurred confirming by weekly chart.
🔍 Technical Signals:
Daily Chart: A nice bounce from the EMA100, indicating an absolute bullish scenario.
Bollinger Bands (Daily): Price closed above the middle band, breaking dynamic resistance.
4-Hour Chart: Bollinger Bands crossed the EMA99 line, suggesting a reversal.
1-Hour Chart: Confirms an absolute bullish trend in the short term.
📉 Entry and Targets:
Entry Range: $66,300-$66,800 (after 4-hour candle close).
Stop Loss: Below $62,000.
Immediate Take Profit: $74,000-$78,000 (consider trailing stop).
👍 Don’t forget to like, share, and comment! Happy trading! 📊🔥
Remember, crypto markets can be volatile, so stay informed and adjust your strategy as needed. Good luck! 🌟🚀
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